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James Nicodemus
About | Practice Areas
The Law Offices of James Nicodemus
2700 Patriot Blvd Suite 250 Glenview, IL 60026» view map
Real Estate Law
Experienced Real Estate Lawyer

When you need accurate representation, whether it’s a divorce lawyer, family lawyer or child custody attorney, James Nicodemus is there for you.

800-986-5891
1. James Nicodemus Glenview, IL
  Attorney at Law - IL, 1992
  John Marshall Law School 1992
2. AboutThe Law Offices of James Nicodemus
  Over 25 years of experience.
3. Practice AreasExpertise
  Real Estate Law
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Daniel William Witous

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing

CONTACT

10600 S. Cicero Avenue, Oak Lawn, IL 60453

George J. Witous

Real Estate, Estate Planning, Estate, Family Law

Status: In Good Standing

CONTACT

10600 S. Cicero Avenue, Oak Lawn, IL 60453

Michael A. Carin

Premises Liability, Personal Injury, Car Accident, Accident & Injury

Status: In Good Standing

FREE CONSULTATION

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5722 West 63rd Street, Chicago, IL 60638

Christine Burmila

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

10735 S. Cicero Avenue, Oak Lawn, IL 60453

Martin Doorhy

Condominiums, Civil Rights, Transactions, Bankruptcy

Status: In Good Standing

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Bridgeview, IL 60455

Zbigniew Stanislaw Kois

Landlord-Tenant, Divorce, Personal Injury, Business

Status: In Good Standing Licensed: 26 Years

CONTACT

7163 W 84Th St, Oak Lawn, IL 60459

Thomas William Lynch

Tax, Real Estate, Business & Trade, Bankruptcy

Status: In Good Standing

CONTACT

9231 South Roberts Road, Hickory Hills, IL 60457

Martin Doorhy

Condominiums, Civil Rights, Transactions, Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

Bridgeview, IL 60455

Angie Karen Robertson

Commercial Real Estate, Motor Vehicle, Commercial Banks, Collection

Status: In Good Standing Licensed: 14 Years

CONTACT

9760 S Roberts Rd, Palos Hills, IL 60465

Christopher Koczwara

Land Use & Zoning, Litigation, Civil Rights, Transactions

Status: In Good Standing Licensed: 30 Years

CONTACT

5838 S Archer Ave, Bridgeview, IL 60638

800-923-0641

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LEGAL TERMS

VIEW ORDINANCE

A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from ha... (more...)

A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from having his or her view obstructed by growing trees. View ordinances don't cover buildings or other structures that may block views.

INTANGIBLE PROPERTY

Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items... (more...)

Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

FUTURE INTEREST

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

VESTED REMAINDER

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will ... (more...)

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will leaves her house to her daughter, but the daughter gains possession only after Julie's husband dies, the daughter has a vested remainder in the house.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

ELECTRONIC SIGNATURE

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.

REFUGEE

In the context of U.S. immigration law, people who have been allowed to live in the United States indefinitely to protect them from persecution in their home co... (more...)

In the context of U.S. immigration law, people who have been allowed to live in the United States indefinitely to protect them from persecution in their home countries. Refugees get their status before coming to the U.S., while asylum seekers obtain their status after arrival. Refugees may eventually get green cards.

Burbank Real Estate Lawyer, Illinois

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Daniel William Witous

George J. Witous

Michael A. Carin

Christine Burmila

Martin Doorhy

Zbigniew Stanislaw Kois

Thomas William Lynch

Martin Doorhy

Angie Karen Robertson

Christopher Koczwara

TIPS

LEGAL TERMS

VIEW ORDINANCE

INTANGIBLE PROPERTY

APPRAISAL

FUTURE INTEREST

INCIDENTS OF OWNERSHIP

VESTED REMAINDER

SHORT SALE (OF HOUSE)

ELECTRONIC SIGNATURE

REFUGEE

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